A person who buys in bulk and sells in bit is a
Manufacturer
Sales representative
Retailer
Advertiser
Distributor
Correct answer is C
No explanation has been provided for this answer.
Geographical
Vertical
Occupational
Horizontal
Lateral
Correct answer is D
No explanation has been provided for this answer.
Which of the following is the normal channel by which the commodities reach the final consumer?
Manufacturer-wholesaler-agent retailer-consumer
Manufacturer-wholesaler-retailer-consumer
Manufacturer-wholesaler-sales representative-retailer-consumer
Manufacturer-wholesaler-retailer-agent-consumer
Manufacturer-wholesaler-retailer-sales-representative-consumer
Correct answer is B
No explanation has been provided for this answer.
One of the argument against the presence of middlemen in the distribution chain is that they
Cause increase in the price of commodities
Are commissioned agents
Helps in keeping price stable
Grade and blend goods
Can be found almost everywhere
Correct answer is A
No explanation has been provided for this answer.
Which of the following categories of people do not gain during inflation?
Debtors
Businessmen
Shareholders
Investors
Creditors
Correct answer is E
No explanation has been provided for this answer.